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  • Question
  • This bank raises Rs 487 crore through private placement of Tier II bonds.


  • Options
  • A. Kotak Mahindra Bank
  • B. Indian Overseas Bank
  • C. Karur Vysya Bank
  • D. Federal Bank

  • Correct Answer
  • Karur Vysya Bank 

    Explanation
    Karur Vysya Bank announced that it has raised Rs 487 crore through Basel-III compliant bonds for funding its growth plans. The decision was taken in the Capital Raising Committee of the board. The committee allotted 48,700 BASEL-III compliant unsecured, redeemable, non-convertible tier-II bonds of Rs 1,00,000 each, totalling to Rs 487 crore and the capital raising was done on private placement basis. The instrument will be listed on NSE.

  • More questions

    • 1. The Union government will launch "SAMPADA Scheme" for which sector?

    • Options
    • A. Mining
    • B. Education
    • C. Food processing
    • D. Tourism
    • Discuss
    • 2. Noted film director Diphan, who died recently, was well known for making films in which language?

    • Options
    • A. Hindi
    • B. Bengali
    • C. Malayalam
    • D. Marathi
    • Discuss
    • 3. Union Government signed USD 350 million loan agreement with which financial organisation for road projects in Madhya Pradesh?

    • Options
    • A. International Monetary Fund (IMF)
    • B. World Bank
    • C. New Development Bank
    • D. Asian Development Bank
    • Discuss
    • 4. The film, 'Pele: Birth of a Legend', is featured in the initial list of Oscar nomination for two categories Best Original Score and Original Song category. Which song from the movie has been selected as one of the nomination contenders?

    • Options
    • A. Against All Odds
    • B. Ginga
    • C. Locker Room
    • D. Conquering the Demons
    • Discuss
    • 5. Who is the author of the book "Every Time It Rains"?

    • Options
    • A. Vikram Seth
    • B. Nikitha Singh
    • C. Mahi Jadon
    • D. Amitav Ghosh
    • Discuss
    • 6. Which film has won the Golden Peacock award at the 2016 International Film Festival of India (IFFI)?

    • Options
    • A. Rauf
    • B. Daughter
    • C. The Throne
    • D. Cold of Kalandar
    • Discuss
    • 7. The world's largest open air theatre, 11-days Bargarh Dhanu Yatra that concluded in second week of January 2017 with the death King Kansa at the hands of his nephew Lord Krishna is held in which state?

    • Options
    • A. Bihar
    • B. Uttar Pradesh
    • C. Jharkhand
    • D. Odisha
    • Discuss
    • 8. Which Indian Film opens the 2018 London Indian Film Festival?

    • Options
    • A. Sanju
    • B. Race 3
    • C. Raazi
    • D. Love Sonia
    • Discuss
    • 9. Famous HIV/AIDS researcher Mark Wainberg passed away recently. He belonged to which country?

    • Options
    • A. USA
    • B. Canada
    • C. United Kingdom
    • D. Australia
    • Discuss
    • 10. Which film won the Best Foreign Film in Oscar 2019?

    • Options
    • A. Shoplifters
    • B. Cold War
    • C. Roma
    • D. Capernaum
    • Discuss


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